G Collado, S.A.B. de C.V. Reports Earnings Results for the Fourth Quarter Ended December 31, 2021
February 28, 2022 at 04:58 pm EST
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G Collado, S.A.B. de C.V. reported earnings results for the fourth quarter ended December 31, 2021. For the fourth quarter, the company reported sales was MXN 3,129.09 million compared to MXN 2,085.55 million a year ago. Net income was MXN 17.64 million compared to MXN 8.77 million a year ago.
Basic earnings per share from continuing operations was MXN 0.04. Diluted earnings per share from continuing operations was MXN 0.04.
G Collado SAB de CV is a Mexico-based company primarily engaged in the steel industry. The Companyâs main activities comprise purchase and sale, as well as transformation and distribution of steel products, principally dedicated for the construction, industrial and commercial use. Its products portfolio includes industrial pipes, commercial profiles, sheets, plates, beams, panels, mesh, rods, wire rods, wire, nails, forecastles and rings, among others. The Company also offers additional steel processing services, such as cutting, forming, bending, assembling, rolling, printing, punching and shotblasting. It operates through Grupo Collado SA de CV, Coryer SA de CV and Acer-Mon SA de CV, among others.